Home Loan Rates | Refinance SG

1.40%

Best 2-Year Fixed Rate

1.12%

3-Month Compounded SORA (July 2026)

1.0–1.4%

Analyst forecast range for SORA, end-2026

Private property (condo, completed)

Bank	Rate type	Rate (p.a.)
Lowest	Floating — 3M SORA + 0.20%	1.32%	Choose this rate
	Floating — 3M SORA + 0.23%	1.35%	Choose this rate
	Floating — 3M SORA + 0.25%	1.37%	Choose this rate
	2-Year Fixed	1.40%	Choose this rate
	2-Year Fixed	1.42%	Choose this rate
	2-Year Fixed	1.45%	Choose this rate

HDB flat

Bank	Rate type	Rate (p.a.)
Lowest	Floating — 3M SORA + 0.25%	1.37%	Choose this rate
	Floating — 3M SORA + 0.25%	1.37%	Choose this rate
	Floating — 1M SORA + 0.20%	1.38%	Choose this rate
	2-Year Fixed	1.45%	Choose this rate
	2-Year Fixed	1.55%	Choose this rate
	2-Year Fixed	1.55%	Choose this rate

For reference, the HDB Concessionary Loan is fixed at 2.60% p.a. (pegged to CPF OA + 0.1%) — most of the bank rates above beat it by a wide margin, though the HDB loan lets you fund your downpayment entirely via CPF.

Rates shown are indicative headline rates for a S$1,000,000 loan, tracked from Singapore mortgage market sources (PropertyNet.SG, last updated 23 July 2026) and cross-checked against other trackers as of 29 July 2026. Actual rates depend on loan size, property type, and your financial profile, and banks revise pricing frequently — sometimes within the same month. These are not live bank quotes and are not guaranteed by Refinance SG. Bank logos and trademarks shown are the property of their respective banks and are used here solely to identify the rate provider; no partnership or endorsement by these banks is implied. Get your personalised, verified comparison free.

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Understanding Singapore mortgage rate types

Choosing the right package is about more than the lowest headline number. Each rate type comes with its own trade-offs.

Floating rate

Pegged to a benchmark like SORA, so your repayments move with the market. Floating packages usually start with the lowest rate and no lock-in — a good fit if you expect rates to fall or plan to refinance again soon.

2-year fixed

Short-term certainty: your rate won't move for two years, even if the market rises. Popular with homeowners who want some stability but still expect to refinance again soon after.

3-year fixed

A longer lock-in for more budgeting certainty, usually at a slightly higher starting rate than a 2-year package, in exchange for more protection against rate rises.

5-year fixed

The longest stability window. Starting rates are typically the highest of the four, but you're shielded from rate movements for a full five years.

How to choose

Expect rates to fall? A floating package may save you more over time.

Want predictability? A fixed package protects your monthly repayment from market swings.

Planning to sell or refinance in 2–3 years? Check the lock-in penalty before you commit.

Rates by property type

MSR and TDSR rules differ depending on what you own — see how that changes your options.

HDB & EC

HDB Refinancing

MSR (30% of gross income) is usually the binding constraint — see what that means for your options.

View HDB refinancing →

Condo & Landed

Private Property Refinancing

Only TDSR (55% of gross income) applies — more flexibility, including cash-out refinancing.

View private property refinancing →

Singapore mortgage rates, compared.